Land area in hectares, per unit of GDP in Faroe Islands

Faroe Islands: Land area in hectares, per unit of GDP was 0 hectares per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0 hectares per US$ of GDP
Change on year
down 8.3%
World rank
156th
of 210 countries
All-time high
0.0024 hectares per US$ of GDP
in 1965
All-time low
0 hectares per US$ of GDP
in 2023
Years of data
59
1965–2023

Land area in hectares, per unit of GDP in Faroe Islands, 1965–2023

00.0010.0010.0020.0020.003196519942023

Source: Statizoid (derived). Measured in hectares per US$ of GDP.

Analysis

Faroe Islands recorded 0 hectares per US$ of GDP for land area in hectares, per unit of gdp in 2023. That is the lowest value across all 59 years on record.

Compared with earlier readings it is down 8.3% on the previous year and down 33.0% over ten years.

Over the whole period, land area in hectares, per unit of gdp in Faroe Islands peaked at 0.0024 hectares per US$ of GDP in 1965 and was at its lowest, 0 hectares per US$ of GDP, in 2023.

That places Faroe Islands 156th out of 210 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Land area in hectares, per unit of GDP in Faroe Islands, year by year

Annual values for Land area in hectares, per unit of GDP in Faroe Islands, 1965 to 2023.
Year hectares per US$ of GDP Change
1965 0.0024 hectares per US$ of GDP
1966 0.0022 hectares per US$ of GDP -10.0%
1967 0.0021 hectares per US$ of GDP -2.8%
1968 0.0021 hectares per US$ of GDP +1.6%
1969 0.002 hectares per US$ of GDP -7.0%
1970 0.0016 hectares per US$ of GDP -17.5%
1971 0.0014 hectares per US$ of GDP -14.4%
1972 0.0012 hectares per US$ of GDP -16.9%
1973 0.0009 hectares per US$ of GDP -26.0%
1974 0.0007 hectares per US$ of GDP -18.1%
1975 0.0006 hectares per US$ of GDP -13.5%
1976 0.0005 hectares per US$ of GDP -15.9%
1977 0.0004 hectares per US$ of GDP -22.2%
1978 0.0004 hectares per US$ of GDP -12.6%
1979 0.0003 hectares per US$ of GDP -11.3%
1980 0.0003 hectares per US$ of GDP -9.0%
1981 0.0003 hectares per US$ of GDP +8.1%
1982 0.0003 hectares per US$ of GDP +2.7%
1983 0.0003 hectares per US$ of GDP -8.7%
1984 0.0003 hectares per US$ of GDP +14.2%
1985 0.0003 hectares per US$ of GDP -7.2%
1986 0.0002 hectares per US$ of GDP -33.3%
1987 0.0002 hectares per US$ of GDP -22.3%
1988 0.0001 hectares per US$ of GDP -8.5%
1989 0.0002 hectares per US$ of GDP +11.1%
1990 0.0001 hectares per US$ of GDP -9.2%
1991 0.0002 hectares per US$ of GDP +5.7%
1992 0.0002 hectares per US$ of GDP -0.4%
1993 0.0002 hectares per US$ of GDP +19.9%
1994 0.0002 hectares per US$ of GDP +0.3%
1995 0.0002 hectares per US$ of GDP -15.8%
1996 0.0001 hectares per US$ of GDP -8.9%
1997 0.0001 hectares per US$ of GDP +6.0%
1998 0.0001 hectares per US$ of GDP -15.5%
1999 0.0001 hectares per US$ of GDP -2.0%
2000 0.0001 hectares per US$ of GDP +5.7%
2001 0.0001 hectares per US$ of GDP -8.0%
2002 0.0001 hectares per US$ of GDP -9.0%
2003 0.0001 hectares per US$ of GDP -15.1%
2004 0.0001 hectares per US$ of GDP -12.9%
2005 0.0001 hectares per US$ of GDP -2.0%
2006 0.0001 hectares per US$ of GDP -12.8%
2007 0.0001 hectares per US$ of GDP -13.7%
2008 0.0001 hectares per US$ of GDP -6.1%
2009 0.0001 hectares per US$ of GDP +8.4%
2010 0.0001 hectares per US$ of GDP -1.5%
2011 0.0001 hectares per US$ of GDP -6.9%
2012 0.0001 hectares per US$ of GDP +3.2%
2013 0.0001 hectares per US$ of GDP -9.8%
2014 0 hectares per US$ of GDP -7.7%
2015 0.0001 hectares per US$ of GDP +13.2%
2016 0 hectares per US$ of GDP -8.5%
2017 0 hectares per US$ of GDP -5.6%
2018 0 hectares per US$ of GDP -6.5%
2019 0 hectares per US$ of GDP -2.4%
2020 0 hectares per US$ of GDP -2.3%
2021 0 hectares per US$ of GDP -11.3%
2022 0 hectares per US$ of GDP +2.3%
2023 0 hectares per US$ of GDP -8.3%

Faroe Islands compared with similar countries

  • Faroe Islands's 0 hectares per US$ of GDP is above the median for high income countries, which is 0 hectares per US$ of GDP, 1.5× the median. (82 countries reporting)
  • Faroe Islands's 0 hectares per US$ of GDP is below the median for Europe & Central Asia, which is 0.0001 hectares per US$ of GDP, 53% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0022 hectares per US$ of GDP 0.002 hectares per US$ of GDP 0.0024 hectares per US$ of GDP 5
1970s 0.0008 hectares per US$ of GDP 0.0003 hectares per US$ of GDP 0.0016 hectares per US$ of GDP 10
1980s 0.0002 hectares per US$ of GDP 0.0001 hectares per US$ of GDP 0.0003 hectares per US$ of GDP 10
1990s 0.0002 hectares per US$ of GDP 0.0001 hectares per US$ of GDP 0.0002 hectares per US$ of GDP 10
2000s 0.0001 hectares per US$ of GDP 0.0001 hectares per US$ of GDP 0.0001 hectares per US$ of GDP 10
2010s 0.0001 hectares per US$ of GDP 0 hectares per US$ of GDP 0.0001 hectares per US$ of GDP 10
2020s 0 hectares per US$ of GDP 0 hectares per US$ of GDP 0 hectares per US$ of GDP 4

Countries ranked near Faroe Islands

  1. 153 Saint Vincent and the Grenadines 0 hectares per US$ of GDP compare
  2. 154 Slovakia 0 hectares per US$ of GDP compare
  3. 155 Brunei 0 hectares per US$ of GDP compare
  4. 157 United States 0 hectares per US$ of GDP compare
  5. 158 Palestine 0 hectares per US$ of GDP compare
  6. 159 Portugal 0 hectares per US$ of GDP compare

See the full ranking of 210 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is land area in hectares, per unit of gdp in Faroe Islands?
Land area in hectares, per unit of gdp in Faroe Islands was 0 hectares per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest land area in hectares, per unit of gdp recorded in Faroe Islands?
The highest recorded value was 0.0024 hectares per US$ of GDP in 1965.
What is the lowest land area in hectares, per unit of gdp recorded in Faroe Islands?
The lowest recorded value was 0 hectares per US$ of GDP in 2023.
How does Faroe Islands rank for land area in hectares, per unit of gdp?
Faroe Islands ranks 156th out of 210 countries with data for 2023.
Is land area in hectares, per unit of gdp rising or falling in Faroe Islands?
Over the last ten years it is down 33.0%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of Land area in hectares, per unit of GDP. Statizoid updates them automatically from the source API.

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Land area in hectares, per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/land-area-in-hectares-per-unit-of-gdp/faroe-islands/

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How this figure is calculated

Land area in hectares divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Land area in hectares ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Land area in hectares, per unit of GDP
Unit
hectares per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,904 data points, 1961–2023
Last refreshed

Land area in hectares divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.